Welcome to the Southwoods pub and Grill, the premier ''GO-TO'' dining destination located in the heart of Petoskey, an upscale four-season tourist hotspot in Northern Michigan. Nestled in a competitive location fronting Spring Street (US-131 Highway), this property offers unparalleled visibility and accessibility, making it a cornerstone of the local dining scene for over 18 years. Conveniently close to local hotels, the casino, the hospital, and downtown Petoskey. Spanning 6,200 sq. ft. on a 1.2-acre lot, the interior floor plan is thoughtfully designed to accommodate a seating capacity of 140. The property includes two east-facing dining rooms, a cozy lounge area with booths, and a beautifully crafted full-service bar, perfect for hosting both locals and tourists alike.
Three parcels are combined to make 55 acres of opportunity. Located just outside of Petoskey on the north east side. All three properties are zoned Residential as well as Farm and Forest. With over 1500 feet of frontage on Pickeral lake Rd this property is a great opportunity for development or single use.
Endless possibilities for this Commercial Zoned (RM-2) building with over 3800 sq feet finished area. Currently used as a Church, Dining Hall with full Kitchen, three bathrooms and plenty of office, classroom space in the lower level. Just one block off of US 31 in the City of Petoskey. Plenty of parking available in your own parking lot and street parking available out front.
The median home value in Petoskey, MI is $439,000. This is higher than the county median home value of $332,700. The national median home value is $338,100. The average price of homes sold in Petoskey, MI is $439,000. Approximately 46.68% of Petoskey homes are owned, compared to 32.11% rented, while 21.21% are vacant. Petoskey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Petoskey real estate agent to arrange a tour today!
Petoskey, Michigan has a population of 5,856. Petoskey is more family-centric than the surrounding county with 29.66% of the households containing married families with children. The county average for households married with children is 27.27%.
The median household income in Petoskey, Michigan is $60,054. The median household income for the surrounding county is $63,488 compared to the national median of $69,021. The median age of people living in Petoskey is 41.9 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 32.9 inches per year, with 111.4 inches of snow per year.